Companies / Spain
Ferrari Targets Spanish Market
August 2006 | Market Trend AnalysisFiat's luxury brand Ferrari is eyeing strong growth in Spain. Recognising the potential for growth in the country's luxury market, Ferrari is bidding to double sales by 2008. The company expects to sell some 80 vehicles this year, before cranking up the figure to 150 units by 2008. To support its expanding business, Ferrari plans to add another dealership to the existing three, which are located in Madrid, Barcelona and Marbella. The new centre will be constructed in the northern region of Galicia.
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